The Analytical Overview of the Main Currency Pairs on 2017.08.01

The EUR/USD currency pair

Technical indicators of the currency pair:

Prev Open: 1.17459

Open: 1.18410

% chg. over the last day: +0.63

Day's range: 1.18099 – 1.18440

52 wk range: 1.0339 – 1.1845

Yesterday there was a significant demand for the euro. The growth of the EUR/USD quotations exceeded 90 points. This
is due to the publication of an optimistic report on inflation and a decrease in the unemployment rate in the euro
area to 9.1% (minimum since 2009). The currency found resistance at 1.18400. The 1.17600 mark is already a "mirror"
support. We expect important economic reports from the EU and the US.

The economic calendar on 2017.08.01:

– The index of business activity in the manufacturing sector of Germany at 10:55 (GMT+3:00);

– A report on the German labor market at 10:55 (GMT+3:00);

– Preliminary data on the GDP of the Eurozone at 12:00 (GMT+3:00);

– The index of business activity in the manufacturing sector of the US from ISM at 17:00 (GMT+3:00).

The signals of the indicators are ambiguous. The price is above 50 MA and 200 MA, which indicates the power of
buyers.

The MACD histogram has fixed in the positive zone, but below the signal line, which gives a weak signal to buy
EUR/USD.

Stochastic Oscillator is located in the neutral zone, the %K line is below the %D line, which signals a correction
of the EUR/USD currency pair.

Trading recommendations

Support levels: 1.17600, 1.16500

Resistance levels: 1.18400

If the price fixes above the local resistance of 1.18400, further growth of the EUR/USD quotations is possible. The
movement is tending potentially to 1.18750-1.19000.

Alternative option. If the statistics from the US is positive, a correction to the "mirror" support level of 1.17600
may develop on the EUR/USD currency pair.

The GBP/USD currency pair

Technical indicators of the currency pair:

Prev Open: 1.31183

Open: 1.32135

% chg. over the last day: +0.40

Day's range: 1.31895 – 1.32347

52 wk range: 1.1450 – 1.3447

Yesterday, the bullish sentiment prevailed on GBP/USD. The pound added more than 100 points. The currency overcame
the round level of 1.32000. The 1.31500 mark is already a "mirror" support. At the moment, the technical pattern is
ambiguous. We are waiting for statistics from the UK.

At 11:30 (GMT+3:00) the index of business activity in the manufacturing sector of Britain will be published.

The GBP/USD quotes have fixed above 50 MA and 200 MA, which indicates the power of buyers.

The MACD histogram is located in the positive area, but below the signal line, which gives a weak signal to buy
GBP/USD.

Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which signals a correction on the
GBP/USD currency pair.

Trading recommendations

Support levels: 1.31500, 1.31000

Resistance levels: 1.32250

If the statistics from the UK turns out to be positive, a further growth of GBP/USD is possible. The movement is
tending to 1.32500-1.32750.

An alternative may be the correction of GBP/USD to the level of 1.31500.

The USD/CAD currerncy pair

Technical indicators of the currency pair:

Prev Open: 1.24322

Open: 1.24693

% chg. over the last day: +0.36

Day's range: 1.24589 – 1.25127

52 wk range: 1.2520 – 1.3795

At the moment, the technical pattern on USD/CAD is ambiguous. The currency is in a sideways trend. The following key
levels of support and resistance can be identified: 1.24500 and 1.25200, respectively. We recommend opening
positions from these marks. The Canadian dollar is supported by a positive dynamics on the "black gold" market.

It is necessary to pay attention to statistics from the USA.

The price is below 50 MA and 200 MA, which signals the power of sellers.

The MACD histogram does not provide accurate signals. The indicator is located near the 0 mark.

Stochastic Oscillator has reached the oversold zone, the %K line is below the %D line, which gives a weak signal for
sale.

Trading recommendations

Support levels: 1.24500

Resistance levels: 1.25200, 1.25700

If the statistics from the US is positive, a correction may develop on the USD/CAD currency pair. The target
movement level is 1.25200-1.25700.

An alternative may be a downward trend. The movement is tending potentially to the round level of 1.24000.

The USD/JPY currency pair

Technical indicators of the currency pair:

Prev Open: 110.605

Open: 110.246

% chg. over the last day: -0.14

Day's range: 110.002 – 110.419

52 wk range: 99.53 – 118.67

On the USD/JPY currency pair, the bearish sentiment is still prevailing. At the moment, the price is testing a
"mirror" resistance of 110.350. The nearest support is the round level of 110.000. The positions must be opened from
these marks. We recommend paying attention to the US government bonds yield.

There are no important economic reports from Japan today.

The price is below 50 MA and 200 MA, which signals the power of sellers.

The MACD histogram has fixed in the negative zone, but above the signal line, which gives a weak signal to sell
USD/JPY.

Stochastic Oscillator is located in the neutral zone, the %K line has crossed the %D line. There are no signals at
the moment.

Trading recommendations

Support levels: 110.000

Resistance levels: 110.350, 110.900

If the price is fixed below the round level of 110.000, we recommend you to look for entry points to the market to
open short positions. The movement is tending to 109.500.

Alternative option. If the USD/JPY quotes overcome the level of 110.350, it is necessary to consider purchases. The
target movement level is 110.900.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer,
and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.